German Startups Group GmbH & Co. KGaA

  • WKN: A1MMEV
  • ISIN: DE000A1MMEV4
  • Land: Deutschland

Nachricht vom 13.09.2019 | 12:29

German Startups Group GmbH & Co. KGaA: Focus investment AuctionTech enters into global partnership with star auctioneer Simon de Pury

DGAP-News: German Startups Group GmbH & Co. KGaA / Key word(s): Investment

13.09.2019 / 12:29
The issuer is solely responsible for the content of this announcement.


+++ Press release +++

German Startups Group: Focus investment AuctionTech enters into global partnership with star auctioneer Simon de Pury


Berlin, 13 September 2019 - AuctionTech, a Berlin-based software provider of tailor-made, highly scalable online auction solutions and a focus investment of German Startups Group, has formed a partnership with star auctioneer Simon de Pury for the launch of a global online live video auctioning technology. Simon de Pury, a leading figure in the international art market, has, over the course of his career, secured a substantial number of the most legendary art collections for auctions and private treaty. He founded the third largest auction house worldwide, Philipps de Pury, was Chief Auctioneer Wordwide at Sotheby's and is an active charity auctioneer, who raised hundreds of millions for foundations such as the Leonardo DiCaprio Foundation or the Prince Albert II. of Monaco Foundation.

Together with de Pury AuctionTech has developed an innovative live video online auctioning format which enables live auctions to be broadcasted via the internet from anywhere in the world in true real time. Customers from all over the world can participate and bid in real time from any device. The auction itself will be broadcasted in highest image and sound quality via livestream without the otherwise usual 3-5 seconds latency. By doing so, AuctionTech sets a new standard for the facilitation of digital auctions worldwide.

The basis for the necessary software and hardware technology has been purchased in 2017 by German Startups Group together with AuctionTech from the insolvency estate of former Auctionata AG which had been developed by today's core team of AuctionTech headed by CEO Jan Thiel for a double-figure million euros range. German Startups Group has been lead investor since 2017 and has since then gradually increased its stake. It now holds 23.1% in AuctionTech.


Investor Relations Contact
German Startups Group

Marcel Doeppes
ir@german-startups.com
www.german-startups.com



German Startups Group - We Love Startups!

The German Startups Group, a publicly traded company comprises one of the leading VC providers in Germany with a digital agency employing 150 staff in Berlin. With a focus on Germany's young, fast growing companies - so called startups - the company acquires majority and minority shareholdings by providing venture capital. The core investment focus is on those tech companies whose products or business models include disruptive innovation, allow for a high degree of scalability and are run by strong entrepreneurial management teams. Since it commenced operations in 2012, German Startups Group has built a diversified portfolio of stakes in such companies and has become the most active private venture capital investor in Germany (CB Insights 2015, Pitchbook 2016). With the launch of G|S Market(TM) via a wholly owned subsidiary German Startups Market GmbH, the company operates a secondary market platform for tech assets since June 2018. Its majority holding, German Startups Asset Management GmbH, will launch its own novel type VC funds in the future and provide SPVs for G|S Market(TM) on the acquirer side in order to enable several investors to acquire larger investment opportunities through pooled investments.

More information is available on our website at www.german-startups.com.



13.09.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Anleihe im Fokus

PREOS Real Estate AG
"7,5%-Wandelanleihe - Jetzt bis 04.12.19 zeichnen!"

- Emissionsvolumen: bis zu 300 Mio. EUR
- Zeichnungsfrist: 11.19. bis 04.12.2019
- ISIN: DE 000A254NA6 / WKN: A254NA
- Börsenesegment: Börse Frankfurt, Open Market
- Stückelung: 1.000 EUR
- Zinssatz (Kupon): 7,5% p.a., jährliche Zahlung
- Laufzeit: 5 Jahre
- Endfälligkeit: 09.12.2024

Anleihe im Fokus

Deutsche Rohstoff
"Anleihe - Jetzt zeichnen!"

- Emissionsvolumen: bis zu 100 Mio. EUR
- Zeichnungsfrist: 11.11. bis 04.12.2019
- ISIN: DE000A2YN3Q8 / WKN: A2YN3Q
- Börsenesegment: Börse Frankfurt, Open Market (Quotation Board)
- Stückelung / Emissionspreis: 1.000 EUR/ 100%
- Zinssatz (Kupon): 5,25 %
- Laufzeit: 5 Jahre
- Fälligkeit: 5 Jahre / 6.12.2024 (vorbehaltliche vorzeitige Rückzahlung gemäß Anleihebedingungen)
- Zinszahlung: Angebot an Inhaber der 5,625 % Schuldverschreibung 2016/2021 (WKN A2AA05, ISIN DE000A2AA055) diese in die neue Anleihe zu tauschen
- Umtauschfrist: 11.11.2019 – 29.11.2019 (18.00 Uhr)

GBC-Fokusbox

Media and Games Invest wächst dynamisch und profitabel

Innerhalb des Konzerns Media and Games Invest sind der wachstumsstarke Game-Publisher gamigo AG sowie Unternehmen aus dem dynamischen Bereich „Digital Media“ gebündelt. Der Wachstumskurs der Gesellschaft soll sowohl auf Basis eines anhaltenden anorganischen Wachstums sowie durch den Ausbau des bestehenden Geschäftes fortgesetzt werden. Im Rahmen unserer Initial-Coverage-Studie haben wir ein Kursziel von 1,90 € je Aktie ermittelt und vergeben das Rating KAUFEN..

News im Fokus

Continental AG: 'Transformation 2019 - 2029': Continental-Aufsichtsrat unterstützt beschleunigten Technologieumstieg

20. November 2019, 13:19

Aktueller Webcast

EQS Group AG

Conference Call zu den Neunmonatszahlen 2019

15. November 2019

Aktuelle Research-Studie

MS Industrie AG

Original-Research: MS Industrie AG (von Montega AG): Kaufen

20. November 2019